Portman Industries just paid a dividend of $1.44 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 16.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 3.20% per year. The risk-free rate (PRF) is 4.00%, the market risk Term Value Dividends one year from now (D1) premium (RPM) is 4.80%, and Portman's beta is 1.50. $1.6704 Horizon value (C1) Assuming that the market is in equilibrium, use the Intrinsic value of Portman's stock $19.38 information just given to complete the table. $25.06 $20.88 $24.04 What is the expected dividend yield for Portman's stock today? 0 6.40% 08.62% 0 7.75% 8.00%